Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,270/mt ($207/mt) | -RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 90,000/mt ($14,681/mt) | -RMB 2,000/mt ($326/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.13
Source: SteelHome